Funding you earn now, next payment 01:00 UTC+0.4720%/8h= +516.8% APRnext payment +$5.90 per $10,000 · paid last 24h +1.023%
Price spread now: Coinbase International against Injective+6.158%64s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$142 a day on $10k at the current rate, and Coinbase International is 6.158% dearer against Injective than usual: you sell high and buy low: +$616 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BERA/USDC PERP | 0.2111 | −0.5000 | get 0.0625% / 1h | 53m 21s | $2K | $5K | 12x |
| Short | Coinbase International BERA-PERP-INTX | 0.2241 | −0.0280 | pay 0.0035% / 1h | 53m 21s | $15K | $51K | 50x |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $991.2
- Price spread: +6.158% → 0.000%
- $615.82
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $1,597
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Injective and Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BERA on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERPlong | −0.5000% | 1h | 0.2111 | long leg | $2K | $5K | 12x | |
| Kraken Futures PF_BERAUSD | −0.1068% | 1h | 0.2244 | +6.316% | $50K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0280% | 1h | 0.2241 | +6.158% | $15K | $51K | 50x | |
| Variational Omni BERA | −0.0102% | 4h | 0.2243 | +6.236% | $83K | $49K | — | as long as short |
| BloFin BERA-USDT | +0.0085% | 4h | 0.2247 | +6.442% | $289K | $88K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2249 | +6.547% | $61K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2250 | +6.583% | $13K | $25K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2256 | +6.858% | $5.4M | $13.8M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2254 | +6.774% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2255 | +6.821% | $1.5M | $3.2M | 20x | as long as short |
Kraken Futures PF_BERAUSD
Variational Omni BERA
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2253 | +6.727% | $333K | $371K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2255 | +6.821% | $1.2M | $441K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2251 | +6.632% | $536K | $230K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2254 | +6.774% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2254 | +6.774% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | +7.058% | $32K | $464K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2256 | +6.869% | $8K | $686 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2248 | +6.476% | $366 | $6K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0120% | 4h | 0.2247 | +6.442% | $106K | $3.0M | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0195% | 1h | 0.2249 | +6.537% | $4K | $56K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2256 | +6.881% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0244% | 1h | 0.2259 | +7.001% | $2.9M | $914K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0248% | 1h | 0.2257 | +6.916% | $4K | $2K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0426% | 1h | 0.2251 | +6.622% | $36K | $152K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GRVT BERA_USDT_Perp
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
01 Exchange BERAUSD
Backpack BERA_USDC_PERP